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The promise was that the pie would be bigger
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Capital in the Twenty First Century

The promise was thatthe pie would be bigger, you would be gettinga smaller percentage of a...

The promise was that
the pie would be bigger, you would be getting
a smaller percentage of a bigger pie, and your
slice would get bigger

Full Transcript

00:00:01.000 --> 00:00:04.482
The promise was that the pie would be bigger,
00:00:04.526 --> 00:00:08.486
you would be getting a smaller percentage
00:00:08.053 --> 00:00:12.036
of a bigger pie, and your slice would get bigger.
Duration
12 seconds
Views
23
Timestamp in Movie
00:59:21
Uploaded
Jun 07, 2025
Genres
documentary
Production
GFC Films,Upside Télévision

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Movie Summary

Based on Thomas Piketty's No. 1 New York Times Bestseller, Capital in the Twenty-First Century explores one of the most important and controversial subjects of our time: wealth, and who gets a share of the dividends.
So in some sense, - Capital in the Twenty First Century 00:09
So in some sense,
But the magnitude of the increase in inequality - Capital in the Twenty First Century 00:06
But the magnitude of the increase in inequality
When we look at the numbers, we can see it very vividly. - Capital in the Twenty First Century 00:04
When we look at the numbers, we can see it very vividly.
The bottom 90% have experienced near-stagnation. - Capital in the Twenty First Century 00:06
The bottom 90% have experienced near-stagnation.
Real wages, adjusted for inflation, at the bottom - Capital in the Twenty First Century 00:08
Real wages, adjusted for inflation, at the bottom
In fact, life expectancy has been declining. - Capital in the Twenty First Century 00:04
In fact, life expectancy has been declining.
These are dramatic statistics that shows the economy - Capital in the Twenty First Century 00:08
These are dramatic statistics that shows the economy
By the 1990s, American banks really became the exporters - Capital in the Twenty First Century 00:09
By the 1990s, American banks really became the exporters
And everyone was sold our version of a trickle-down, - Capital in the Twenty First Century 00:08
And everyone was sold our version of a trickle-down,
Life seemed to get better in the 1990s, - Capital in the Twenty First Century 00:14
Life seemed to get better in the 1990s,
When the credit boom took off, - Capital in the Twenty First Century 00:06
When the credit boom took off,
Suddenly, extraordinarily poor people could get credit. - Capital in the Twenty First Century 00:05
Suddenly, extraordinarily poor people could get credit.
People who in no way should be given a mortgage - Capital in the Twenty First Century 00:07
People who in no way should be given a mortgage
And the investment banks created ever more exotic - Capital in the Twenty First Century 00:11
And the investment banks created ever more exotic
That's what kept the system going for as long as it did. - Capital in the Twenty First Century 00:05
That's what kept the system going for as long as it did...
Let's see here, uh, balloon payment, - Capital in the Twenty First Century 00:11
Let's see here, uh, balloon payment,
Listen, you, when you gave me that money, - Capital in the Twenty First Century 00:06
Listen, you, when you gave me that money,
Now, calm down. This country takes care of its middle class. - Capital in the Twenty First Century 00:06
Now, calm down. This country takes care of its middle class.
Hell, we fired our CEO and he barely got out with $50 million. - Capital in the Twenty First Century 00:05
Hell, we fired our CEO and he barely got out with $50 millio...
The fear was, and I think it was a well-founded fear, - Capital in the Twenty First Century 00:14
The fear was, and I think it was a well-founded fear,